V I P Industries Ltd
NSE:VIPIND
Income Statement
Earnings Waterfall
V I P Industries Ltd
Income Statement
V I P Industries Ltd
| Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
37
|
0
|
0
|
0
|
33
|
0
|
0
|
0
|
21
|
0
|
0
|
0
|
8
|
0
|
0
|
0
|
9
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
10
|
45
|
101
|
153
|
228
|
0
|
0
|
0
|
286
|
0
|
0
|
0
|
230
|
0
|
0
|
0
|
254
|
0
|
0
|
0
|
462
|
0
|
0
|
0
|
559
|
0
|
0
|
0
|
|
| Revenue |
7 584
N/A
|
8 000
+5%
|
8 242
+3%
|
8 476
+3%
|
8 603
+1%
|
8 695
+1%
|
8 504
-2%
|
8 312
-2%
|
8 377
+1%
|
8 576
+2%
|
9 012
+5%
|
9 326
+3%
|
9 728
+4%
|
3 544
-64%
|
6 499
+83%
|
9 412
+45%
|
12 165
+29%
|
12 375
+2%
|
12 275
-1%
|
12 472
+2%
|
12 826
+3%
|
13 154
+3%
|
13 392
+2%
|
13 662
+2%
|
14 163
+4%
|
15 276
+8%
|
16 201
+6%
|
17 122
+6%
|
17 847
+4%
|
18 310
+3%
|
18 415
+1%
|
18 438
+0%
|
17 183
-7%
|
11 945
-30%
|
8 850
-26%
|
6 852
-23%
|
6 186
-10%
|
7 844
+27%
|
10 118
+29%
|
11 765
+16%
|
12 895
+10%
|
16 739
+30%
|
18 586
+11%
|
19 877
+7%
|
20 823
+5%
|
21 278
+2%
|
21 592
+1%
|
21 792
+1%
|
22 450
+3%
|
22 477
+0%
|
22 459
0%
|
22 005
-2%
|
21 784
-1%
|
21 010
-4%
|
19 631
-7%
|
19 161
-2%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(3 661)
|
(4 424)
|
(4 561)
|
(4 734)
|
(4 284)
|
(4 422)
|
(4 504)
|
(4 510)
|
(4 603)
|
(4 610)
|
(4 851)
|
(5 086)
|
(5 471)
|
(1 932)
|
(3 569)
|
(5 199)
|
(6 789)
|
(6 729)
|
(6 625)
|
(6 693)
|
(7 213)
|
(7 161)
|
(7 229)
|
(7 189)
|
(7 341)
|
(7 508)
|
(7 927)
|
(8 564)
|
(9 231)
|
(9 269)
|
(9 175)
|
(8 899)
|
(8 262)
|
(5 496)
|
(4 199)
|
(3 614)
|
(3 760)
|
(4 441)
|
(5 556)
|
(6 154)
|
(6 676)
|
(8 395)
|
(9 321)
|
(9 953)
|
(10 468)
|
(10 445)
|
(10 204)
|
(9 957)
|
(11 339)
|
(10 980)
|
(11 539)
|
(11 805)
|
(12 488)
|
(11 381)
|
(11 211)
|
(11 735)
|
|
| Gross Profit |
3 923
N/A
|
3 576
-9%
|
3 681
+3%
|
3 742
+2%
|
4 318
+15%
|
4 273
-1%
|
4 000
-6%
|
3 802
-5%
|
3 774
-1%
|
3 966
+5%
|
4 161
+5%
|
4 240
+2%
|
4 257
+0%
|
1 612
-62%
|
2 930
+82%
|
4 213
+44%
|
5 375
+28%
|
5 646
+5%
|
5 650
+0%
|
5 779
+2%
|
5 613
-3%
|
5 993
+7%
|
6 162
+3%
|
6 473
+5%
|
6 823
+5%
|
7 768
+14%
|
8 274
+7%
|
8 559
+3%
|
8 616
+1%
|
9 041
+5%
|
9 240
+2%
|
9 539
+3%
|
8 921
-6%
|
6 449
-28%
|
4 651
-28%
|
3 239
-30%
|
2 425
-25%
|
3 404
+40%
|
4 561
+34%
|
5 611
+23%
|
6 219
+11%
|
8 344
+34%
|
9 265
+11%
|
9 924
+7%
|
10 355
+4%
|
10 833
+5%
|
11 388
+5%
|
11 836
+4%
|
11 111
-6%
|
11 498
+3%
|
10 920
-5%
|
10 201
-7%
|
9 296
-9%
|
9 629
+4%
|
8 420
-13%
|
7 427
-12%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(2 867)
|
(2 358)
|
(2 447)
|
(2 594)
|
(3 293)
|
(3 418)
|
(3 367)
|
(3 301)
|
(3 266)
|
(3 505)
|
(3 585)
|
(3 582)
|
(3 597)
|
(1 244)
|
(2 324)
|
(3 460)
|
(4 403)
|
(4 616)
|
(4 628)
|
(4 675)
|
(4 422)
|
(4 687)
|
(4 750)
|
(4 912)
|
(5 000)
|
(5 620)
|
(5 991)
|
(6 319)
|
(6 461)
|
(6 827)
|
(7 047)
|
(7 216)
|
(6 748)
|
(6 222)
|
(5 282)
|
(4 434)
|
(3 826)
|
(4 063)
|
(4 581)
|
(5 162)
|
(5 404)
|
(6 701)
|
(7 330)
|
(7 837)
|
(7 758)
|
(8 680)
|
(9 480)
|
(10 221)
|
(10 052)
|
(10 896)
|
(10 927)
|
(10 479)
|
(9 494)
|
(10 144)
|
(10 012)
|
(10 056)
|
|
| Selling, General & Administrative |
(2 717)
|
(2 628)
|
(2 666)
|
(2 701)
|
(3 011)
|
(1 254)
|
(1 120)
|
(971)
|
(3 069)
|
(856)
|
(873)
|
(882)
|
(3 240)
|
(300)
|
(621)
|
(947)
|
(4 022)
|
(1 292)
|
(1 344)
|
(1 363)
|
(4 026)
|
(1 445)
|
(1 469)
|
(1 526)
|
(4 577)
|
(1 657)
|
(1 750)
|
(1 882)
|
(5 990)
|
(2 116)
|
(2 209)
|
(2 238)
|
(5 683)
|
(1 952)
|
(1 667)
|
(1 409)
|
(2 947)
|
(1 377)
|
(1 523)
|
(1 716)
|
(4 566)
|
(2 100)
|
(2 235)
|
(2 331)
|
(6 855)
|
(2 418)
|
(2 501)
|
(2 596)
|
(8 715)
|
(2 663)
|
(2 579)
|
(2 432)
|
(7 838)
|
(2 243)
|
(2 194)
|
(2 175)
|
|
| Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Depreciation & Amortization |
(150)
|
(144)
|
(149)
|
(159)
|
(173)
|
(186)
|
(194)
|
(195)
|
(198)
|
(197)
|
(190)
|
(183)
|
(171)
|
(36)
|
(71)
|
(108)
|
(142)
|
(144)
|
(141)
|
(137)
|
(136)
|
(128)
|
(125)
|
(126)
|
(128)
|
(135)
|
(144)
|
(154)
|
(165)
|
(322)
|
(494)
|
(667)
|
(838)
|
(856)
|
(830)
|
(796)
|
(778)
|
(729)
|
(717)
|
(709)
|
(698)
|
(699)
|
(704)
|
(710)
|
(735)
|
(765)
|
(824)
|
(909)
|
(994)
|
(1 078)
|
(1 135)
|
(1 170)
|
(1 189)
|
(1 215)
|
(1 249)
|
(1 269)
|
|
| Other Operating Expenses |
0
|
414
|
368
|
266
|
(109)
|
(1 979)
|
(2 054)
|
(2 136)
|
0
|
(2 452)
|
(2 522)
|
(2 517)
|
(165)
|
(909)
|
(1 632)
|
(2 405)
|
(239)
|
(3 180)
|
(3 143)
|
(3 175)
|
(260)
|
(3 114)
|
(3 155)
|
(3 259)
|
(295)
|
(3 827)
|
(4 096)
|
(4 283)
|
(306)
|
(4 389)
|
(4 344)
|
(4 311)
|
(227)
|
(3 415)
|
(2 785)
|
(2 229)
|
(101)
|
(1 957)
|
(2 341)
|
(2 737)
|
(140)
|
(3 902)
|
(4 391)
|
(4 795)
|
(168)
|
(5 498)
|
(6 155)
|
(6 715)
|
(344)
|
(7 155)
|
(7 213)
|
(6 877)
|
(467)
|
(6 687)
|
(6 569)
|
(6 612)
|
|
| Operating Income |
1 056
N/A
|
1 218
+15%
|
1 234
+1%
|
1 148
-7%
|
1 026
-11%
|
854
-17%
|
632
-26%
|
500
-21%
|
507
+1%
|
461
-9%
|
576
+25%
|
658
+14%
|
661
+1%
|
368
-44%
|
607
+65%
|
753
+24%
|
972
+29%
|
1 030
+6%
|
1 022
-1%
|
1 104
+8%
|
1 191
+8%
|
1 306
+10%
|
1 412
+8%
|
1 561
+11%
|
1 822
+17%
|
2 148
+18%
|
2 283
+6%
|
2 240
-2%
|
2 155
-4%
|
2 214
+3%
|
2 193
-1%
|
2 323
+6%
|
2 173
-6%
|
227
-90%
|
(631)
N/A
|
(1 195)
-89%
|
(1 400)
-17%
|
(659)
+53%
|
(20)
+97%
|
449
N/A
|
816
+82%
|
1 642
+101%
|
1 935
+18%
|
2 087
+8%
|
2 597
+24%
|
2 153
-17%
|
1 907
-11%
|
1 615
-15%
|
1 059
-34%
|
601
-43%
|
(7)
N/A
|
(278)
-4 171%
|
(198)
+29%
|
(516)
-161%
|
(1 592)
-209%
|
(2 630)
-65%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(25)
|
(32)
|
(47)
|
(91)
|
(63)
|
(121)
|
(90)
|
(57)
|
(56)
|
(28)
|
(52)
|
(35)
|
72
|
(5)
|
(9)
|
(11)
|
(27)
|
(8)
|
(4)
|
(4)
|
60
|
(6)
|
(5)
|
(6)
|
71
|
(3)
|
(3)
|
(9)
|
(17)
|
(68)
|
(137)
|
(186)
|
(258)
|
(243)
|
(251)
|
(276)
|
(134)
|
(306)
|
(293)
|
(265)
|
(169)
|
(238)
|
(243)
|
(254)
|
(330)
|
(327)
|
(382)
|
(467)
|
(474)
|
(683)
|
(760)
|
(786)
|
(640)
|
(837)
|
(812)
|
(794)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(485)
|
(485)
|
(485)
|
(485)
|
0
|
12
|
41
|
108
|
0
|
0
|
0
|
143
|
0
|
0
|
0
|
(322)
|
(214)
|
(214)
|
(214)
|
258
|
0
|
36
|
36
|
78
|
98
|
105
|
781
|
|
| Gain/Loss on Disposition of Assets |
(3)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
64
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
45
|
79
|
0
|
0
|
0
|
(6)
|
150
|
150
|
150
|
(1)
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
|
| Total Other Income |
4
|
4
|
6
|
8
|
1
|
14
|
14
|
17
|
6
|
21
|
27
|
27
|
9
|
5
|
9
|
17
|
2
|
27
|
52
|
54
|
6
|
84
|
82
|
92
|
1
|
86
|
79
|
88
|
11
|
93
|
99
|
90
|
51
|
279
|
291
|
301
|
102
|
411
|
440
|
460
|
78
|
290
|
276
|
207
|
22
|
127
|
100
|
100
|
(80)
|
110
|
111
|
109
|
(157)
|
135
|
216
|
224
|
|
| Pre-Tax Income |
1 032
N/A
|
1 190
+15%
|
1 193
+0%
|
1 065
-11%
|
959
-10%
|
747
-22%
|
556
-26%
|
460
-17%
|
454
-1%
|
454
0%
|
551
+21%
|
650
+18%
|
798
+23%
|
368
-54%
|
606
+65%
|
759
+25%
|
951
+25%
|
1 050
+10%
|
1 070
+2%
|
1 155
+8%
|
1 256
+9%
|
1 384
+10%
|
1 489
+8%
|
1 647
+11%
|
1 895
+15%
|
2 232
+18%
|
2 360
+6%
|
2 318
-2%
|
2 149
-7%
|
1 755
-18%
|
1 671
-5%
|
1 742
+4%
|
1 484
-15%
|
264
-82%
|
(579)
N/A
|
(1 084)
-87%
|
(1 246)
-15%
|
(554)
+56%
|
127
N/A
|
644
+408%
|
862
+34%
|
1 844
+114%
|
2 118
+15%
|
2 190
+3%
|
1 965
-10%
|
1 738
-12%
|
1 411
-19%
|
1 034
-27%
|
766
-26%
|
29
-96%
|
(620)
N/A
|
(918)
-48%
|
(912)
+1%
|
(1 120)
-23%
|
(2 083)
-86%
|
(2 419)
-16%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(145)
|
(221)
|
(240)
|
(309)
|
(283)
|
(219)
|
(156)
|
(128)
|
(138)
|
(143)
|
(178)
|
(211)
|
(221)
|
(111)
|
(175)
|
(224)
|
(287)
|
(330)
|
(343)
|
(372)
|
(404)
|
(440)
|
(490)
|
(539)
|
(628)
|
(740)
|
(779)
|
(768)
|
(697)
|
(585)
|
(558)
|
(525)
|
(425)
|
(68)
|
150
|
243
|
271
|
117
|
(24)
|
(136)
|
(192)
|
(509)
|
(535)
|
(501)
|
(442)
|
(328)
|
(302)
|
(294)
|
(223)
|
(23)
|
162
|
265
|
224
|
261
|
123
|
54
|
|
| Income from Continuing Operations |
887
|
969
|
953
|
756
|
676
|
528
|
400
|
332
|
315
|
310
|
372
|
438
|
576
|
256
|
431
|
535
|
665
|
719
|
728
|
783
|
852
|
944
|
999
|
1 108
|
1 268
|
1 491
|
1 581
|
1 550
|
1 453
|
1 170
|
1 113
|
1 217
|
1 059
|
195
|
(430)
|
(842)
|
(975)
|
(436)
|
103
|
508
|
669
|
1 335
|
1 584
|
1 689
|
1 523
|
1 410
|
1 109
|
740
|
543
|
6
|
(457)
|
(653)
|
(688)
|
(859)
|
(1 960)
|
(2 365)
|
|
| Net Income (Common) |
887
N/A
|
969
+9%
|
953
-2%
|
756
-21%
|
676
-11%
|
528
-22%
|
400
-24%
|
332
-17%
|
315
-5%
|
310
-2%
|
372
+20%
|
438
+18%
|
576
+31%
|
256
-55%
|
431
+68%
|
535
+24%
|
665
+24%
|
719
+8%
|
728
+1%
|
783
+8%
|
852
+9%
|
944
+11%
|
999
+6%
|
1 108
+11%
|
1 268
+14%
|
1 491
+18%
|
1 581
+6%
|
1 550
-2%
|
1 453
-6%
|
1 170
-19%
|
1 171
+0%
|
1 275
+9%
|
1 117
-12%
|
253
-77%
|
(430)
N/A
|
(842)
-96%
|
(975)
-16%
|
(436)
+55%
|
103
N/A
|
508
+393%
|
669
+32%
|
1 335
+100%
|
1 584
+19%
|
1 690
+7%
|
1 523
-10%
|
1 410
-7%
|
1 109
-21%
|
739
-33%
|
543
-27%
|
6
-99%
|
(457)
N/A
|
(653)
-43%
|
(688)
-5%
|
(859)
-25%
|
(1 960)
-128%
|
(2 365)
-21%
|
|
| EPS (Diluted) |
6.28
N/A
|
6.85
+9%
|
6.99
+2%
|
5.35
-23%
|
4.78
-11%
|
3.73
-22%
|
2.79
-25%
|
2.35
-16%
|
2.23
-5%
|
2.2
-1%
|
2.63
+20%
|
3.09
+17%
|
4.08
+32%
|
1.81
-56%
|
3.02
+67%
|
3.79
+25%
|
4.7
+24%
|
5.09
+8%
|
5.14
+1%
|
5.53
+8%
|
6.03
+9%
|
6.67
+11%
|
7.07
+6%
|
7.84
+11%
|
8.99
+15%
|
10.55
+17%
|
11.18
+6%
|
10.99
-2%
|
10.3
-6%
|
8.28
-20%
|
8.28
N/A
|
9.02
+9%
|
7.92
-12%
|
1.79
-77%
|
-3.03
N/A
|
-6.13
-102%
|
-6.9
-13%
|
-3.09
+55%
|
0.71
N/A
|
3.57
+403%
|
4.71
+32%
|
9.39
+99%
|
11.19
+19%
|
11.87
+6%
|
10.73
-10%
|
9.93
-7%
|
7.84
-21%
|
5.16
-34%
|
3.82
-26%
|
0.04
-99%
|
-3.22
N/A
|
-4.62
-43%
|
-4.84
-5%
|
-6.04
-25%
|
-13.8
-128%
|
-16.64
-21%
|
|